Happy Birthday to Tim Reid, 69.
I keep thinking that some blogging will happen, but it doesn't seem to be (here; regular posts at PP all week). With any luck, this won't be the third day in a row with only the good stuff:
1. Ta-Nehisi Coates, always.
2. Good analysis from Greg Sargent on Obama, John Podesta, and executive action on climate. One additional point: a normal opposition party would consider, given the possibility of significant action, cutting a deal to protect party-aligned interest groups as much as possible (while, perhaps, securing some other policy gains in return). That's essentially the story, for example of Bush's early administration education initiative. It might not end that way; the administration could reject a deal that the out-party was willing to make, or the out-party might ultimately decide that the substantive changes they could purchase wouldn't be worth it. But at any rate, with the current GOP, it's just a non-starter.
3. Brad DeLong, over at his new digs, brings us Christina Romer and more on Bernanke.
4. Stan Collender on Paul Ryan.